Economy

Decade-Long OML 245 Saga Nears Resolution, Claims Minister Lokpobiri: Negotiations On, But Will They Stick?

For nearly three decades, the fate of the highly lucrative OML 245 oil block, nestled in the depths of the Niger Delta, has been...

Nigeria: Labour Proposes N400, 000 as New Minimum Wage

In a bold move to address the plight of Nigerian workers and bridge the widening income gap, the Nigeria Labour Congress (NLC) has proposed...

Lagos Set to Become a Prominent Continental Logistics Hub

Lagos, Nigeria - Governor Babajide Sanwo-Olu has unveiled ambitious plans to transform Lagos into a prominent continental logistics hub, positioning the city as a...

NERC Approves Tariff Hikes for DisCos as Government Subsidy for Electricity Soars to N1.6 Trillion

In a significant development that has been the subject of much anticipation, the Nigerian Electricity Regulatory Commission (NERC) has officially given its approval for...

Naira Crashes by Over 80 Percent After Tinubu and CBN’s Experiment

In a shocking turn of events, the Nigerian Naira has experienced a significant crash of over 80 percent following an experiment conducted by President...

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